Important message received in a WhatsApp group (Kind attn- canara bank retired employees only)

[T R Kartik]

🚩 *Most important message to all Canara Bank retired staff members. (All cadres)* 🚩

 *Please contact your Pension crediting branch and request them to change your Spouse customer ID Type from Individual to Family of Ex staff in CIM 71 option.*

 

 *Otherwise in any unfortunate event they will not get Preferential ROI applicable to ex employees and there will be difficulty for them to receive family pension in new package .* 

 *They may not be aware of banking procedures and your known friends may not be available to help them there.* 

 *Please pass this message to all retired friends of you.*

[CHIRAMEL MATHEW SIMON]

Is this a requirement for other banks also??

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[T R Kartik]

I received the message n can bank employees grp. Not sure about other banks. The pensiones have to check individually with the respective banks with whom they were associated with.

Thanking You,

Yours,

Kartik

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[Srirama Murti]

WE ,canara bank retirees/pensioners are kept in dark by Canara bank pension fund i.e.all suspense

First of all, the bank is not taking photo of the employee's spouse and the required particulars on the

date of retirement., nor subsequently. Bank is silent thus for Best reasons known to them.

Also retiree unions asked for issue of Pension order in Book form as the pension payment order folios

are now in shabby condition as the paper quality is poor AND to get the spouse particulars in FULL

along with latest photos of ex-staff and spouse invariably. the suspense due to COST FACTOR. and

ultimately if any untoward incident happens, suspense for ALL..

some employees, of late, approached the branch/es and added their wife,s name ,specimen signature 

to the existing SB pension account.  in the account statement it is clear joint account, BUT in net banking

profile reads 'individual".NOW the point is when the account is joint with wife, Is it necessary to get 

customer id for wife AGAIN .. wife of ex-staff Family of ex-staff.

So when the wife name is joint in the pension account , is it necessary to mention Family of ex-staff.

keep the ex-employee in Suspense. May be it is good on the part of Canara bank Pension fund.

there are no clear cut guidelines in the matter.

With Regards to All,

S.S.R.Murthy, ex-Canara bank,Hyderabad

(Singampalli Sri Rama Murthy).

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